NEW YORK, Feb 28 (Reuters) - Oil prices fell more than 1 percent on Wednesday and gasoline futures tumbled, after the USA government said crude inventories rose more than expected while gasoline stocks posted a big build instead of the draw that was forecast.

According to JBC Energy GmbH, new projects in the North Sea coming on stream this year will increase the U.K.'s crude output above 1 million barrels a day, and that on a net trade basis this amount will soon allow overseas sales to overtake imports.

"Investors are likely looking at Libya for a potential reason for a rally in oil prices, but this shouldn't last too long", Barnabas Gan, an economist at Oversea-Chinese Banking, said by phone from Singapore.

But soaring USA production is upending global oil markets at a time when other major producers - including the Middle East-dominated OPEC and Russian Federation - have been withholding output to prop up prices.

Saudi Arabia last week said it hoped OPEC and its allies would be able to relax production curbs next year and create a permanent framework to stabilize oil markets after the deal expires. On Tuesday, Brent fell 87 cents to $66.63.

Both benchmarks rose last week - Brent by nearly 4 per cent and WTI by 3 per cent.

Toronto police to provide update on Bruce McArthur case
McArthur investigation: Toronto police say they will be announcing an update on the investigation into Bruce McArthur later today. Ciantar said he has friends who did know McArthur and added, "They all said that they never would have suspected him".

American explorers have expanded the fleet of rigs searching for domestic crude to the highest since 2015 as the Opec-led supply curbs resurrected oil markets.

Besides, OPEC and non-OPEC members also agreed to cut production volumes by as much as 1.8 million barrels per day (mbd) with OPEC members contributing 1.2mbd of that while the balance would be provided by non-OPEC members.

Still, OPEC and its allies seem unfazed by US shale and continue to send messages to the market that they will do "whatever it takes" to balance the oil inventories and that production cuts are here to stay until the end of 2018. Wednesday's release showed weekly production rose again to 10.3 million bpd.

Prices were pressured earlier after three of the world's top crude consumers- China, India and Japan - reported a slowdown in monthly factory activity. Both are expected to show a slight fall in USA production. FRX/ A strong dollar makes oil more expensive for buyers using other currencies.

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Justin Reiter is Ledeckas snowboarding coach . "We're trying to take her away from training, and from the slopes, some days". But going back and forth between both is not easy. "That I could just hop from sport to sport ".

At some LPGA events these signs are considered moveable obstructions, but at others they are temporary immovable obstructions. Nelly had five top 10 finishes in 2017 as a rookie and has one this season at the Pure Silk-Bahamas LPGA Classic.

The threat, according to Palestinian Media Watch , comes from Sheik Muhammad Hussein, the grand mufti of Jerusalem. She argues that it is created to protect residents who live on land sold by churches to private developers.

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Scotland were too good for us. "The skills of the professional players now are so much greater than they were in the past". Captain Rory Best said having young blood in the side was key with the Irish on a 10-Test winning streak.

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If Minnesota has their eye on a certain quarterback in the draft this year, they better hope the Jaguars don't get to him first. Bortles is coming off of a season in which he threw for 3,627 yards, 27 touchdowns and he had a career-low 13 interceptions.

The scheme, aimed at women empowerment, will provide scooters to working women at a subsidized rate of upto 50 percent. The Prime Minister said his government had given Rs 1.8 lakh crore to Tamil Nadu under the 14th Finance Commission.

Featuring a different physical design altogether, this particular device also comes with a rather peculiar camera setup. The first thing I'll say, however, is that the Zenfone 5 would not be possible without Apple and Samsung's innovation.

The Ohio River may crest near Louisville today, as parts of Arkansas and IN are bracing for major flood damage . On its website, the weather service specifically notes "much of Portsmouth itself is protected by flood walls".

Under Iraq's anti-terror laws, anyone found guilty of joining Isis, including non-combatants, can be given the death penalty. To remind you, thousands of foreigners have fought on behalf of Islamic State in Iraq and Syria since at least 2014.

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In a statement, the Department of Homeland Security called the report "factually inaccurate and misleading". He added that the department had seen only "preparatory activity like scanning" in the 21 states targeted.

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Senator Dianne Feinstein fails to receive party backing
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Man Stabs Woman To Death With Hunting Knife At Public Library
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